Fight for your right to loot

I welcome the collapse of the US empire due to the sociopathy of our feral elite.

The coming collapse could be brought about by the US and NATO’s defeat in their proxy war in Ukraine, hence all of the hysterical propaganda depicting the glorious success of their endeavor. The prevailing theory is that a Ukrainian proxy defeat would be the end of America’s world dominance militarily, and effectively the end of NATO, but also the end financially for the US, as the non-West abandons the dollar. In that scenario, the BRICs dump their trillions in US bond holdings, sending all that putative “money” back to America, stoking a king-hell inflation, effectively bankrupting us.

About the proxy war thing–it’s obvious that the Ukrainian military could only operate with US military intelligence, weapons and training. That’s why so much of our media is dedicated to normalizing the idea that Russia invaded Ukraine because Putin is uniquely evil and why they spend so much time manufacturing consent for the American empire. Despite Russia’s overwhelming upper hand in Ukraine, Western officials and media continue to flout reality and weave stories of Russian collapse. To truly understand the proxy war it’s key to realize the larger geostrategic goal. Ukraine was supposed to be a launching pad for spreading US military bases across Central Asia and (eventually) encircling, isolating and containing China. See Halford MacKinder’s The Geographical Pivot of History, for the long version.

Anyway, at this point the level of disinformation in the media is so far beyond the pale it is impossible for a normal person to wrap their head around it.

Just like the average American cannot wrap his or her head around the fact that the US empire does not work for them but only for our feral elite. Going further, the empire, in its current form is already bankrupting us. Just look around. Since 2009 US corporations have spent more than $7 trillion on stock buybacks which is an activity that boosts payouts to rich shareholders but fails to produce anything of material value. Had that capital been invested in critical infrastructure, every city in America would be linked to a gigantic network of high-speed rail, with parks, bike and pedestrian trails, etc. But that hasn’t happened, because the western model incentivizes the extraction of capital for personal enrichment rather than the development of projects that serve the common good.

Meanwhile, it’s just taken as a given that it’s fine for US oligarchs and empire managers to run our country. US policies are all set by the bankers and oligarchs who control the politicians, the media, and the sprawling deep state. Then there’s the brazen psy-ops and mass media propaganda, even as more and more internet censorship gets put in place. 

But, but, how will we go forward without our glorious American empire?

We can learn from the sanctions these very same elites have inflicted on the rest of the world that refuses their commands. Countries like Cuba or Venezuela or Iran or Russia or Syria or, you get the picture. All of these countries have had to create a domestic economy free from western banking interests. The US basically makes other countries an offer they can’t refuse. Not to bomb other countries, not to overthrow their governments, not to have a color revolution. They’ll say what we can offer: your life. We’ll agree not to kill you, not to overthrow you, not to bomb you, not to do to you what we did recently to Afghanistan, to Libya, to Iraq, to Syria.

Alongside the military there’s the financial warfare, where the US has perfected the art financial conquest. To conquer a country financially, you conquer a country by getting it to submit to austerity programs by the International Monetary Fund, again, to impose austerity, to keep its local wages down. So you use finance as a means of imposing post-industrialization and depression, in order to prevent democracy from developing. Finance is just the gentle hand of neocolonialism.

So any country that is seeking to promote a democracy by public spending on basic infrastructure, or banking, like China is doing, is called an autocracy, while all of the right-wing juntas that have imposed a client oligarchy, to fight against labor, and to prevent these policies that would help enrich and industrialize the economy, are called democracies.

And that brings us too the crux of our problem. We are controlled by these same banking interests, who have been looting our country for decades. They ran out of foreigners to pilfer and have brought to the racket to a state and city near you. Heterodox economist Michael Hudson is very clear on this point. “So the problem is that both US political parties are committed to de-industrialization for the reasons that the head of the Federal reserve has explained over the last few months: if you have more industrialization, you’ll have more employment, and if you have more employment, you’ll raise wages. And our philosophy, Democrats and Republicans alike, is to keep wages down so that corporate profits can be higher. And it’s worth it to the employing class, it’s worth it to the corporate monopolies to impose a depression on the United States, as long as that will reduce wages and strengthen the power of the 1% over the 99%. So the 1% is willing to lose sales, to lose profits, as the economy falls into what they call a recession, as long as their power over the 99% increases…America cannot re-industrialize without reversing this whole philosophy of post-industrial society as a class war against labor.”

I written about it before but at this point it’s obvious that voting is a waste of time. Both political parties, the Republicans and the Democrats are controlled by the financial industry, which makes up the bulk of the 1%. To extend this dynamic back to the US empire, it exists to further the interests of Wall Street and the elites that make up the commanding height of corporate America.

They are getting desperate.  If the objective was to weaken Russia, it didn’t work out. Rather, it exposed the USA as a “reckless global psychopath bent on wrecking every country it pretends to help — including the major countries in NATO.” Unfortunately, the American empire won’t go quietly in the night. Our feral elite will not forgo their last looting opportunity without a fight. Despite military and economic losses suffered by Ukraine and its Western backers, US elites want to double down rather than negotiate a possible peace settlement. They simply cannot entertain the possibility of a Russian victory.

Apologies to the Beastie Boys.

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